1.A delegation headed by Zhu Weiming, president of Zhoushan-based Zhejiang Seaport Bulk Commodity Exchange Co, recently visited Taicang port area with the aim of deepening cooperation with its Jiangsu counterpart.
2.On November 28,local time,Chinese President Xi Jinping and Spanish Prime Minister Pedro Sanchez jointly met with the Chinese and Spanish representatives of the China-Spain Corporate Advisory Board in Madrid. Executive Vice President of COSCO SHIPPING Yu Zenggang attended the meeting.
3.Cosco Shipping Bulk has set up a representative office in Geneva in yet another example of major bulker owners expanding their presence in the grains trading hub.
4.Soybean crush margins in China have turned negative for the first time since early August, pressured by lower demand for the soymeal they churn out following an outbreak of African swine fever and high domestic bean inventories.
5.The Nautical Institute has launched the second edition of its practical guide to shiphandling in ‘new ice’ conditions in the Baltic, North Atlantic and St Lawrence Seaway.
6.Shipbrokers said the Hong Kong and Vancouver-based outfit has sold the 74,000-dwt Silver Phoenix (built 2006) to a Chinese buyer for $9.5m, confirming the current downward pressure on bulker prices.
7.China's Jiangnan Shipyard has clinched a research ship(6,000-gt) order from Sun Yat-Sen University.
8.An array of Chinese ports have shut business temporarily due mainly to heavy smog in recent days, affecting delivery of major bulk commodities like thermal coal, coking coal and iron ore.
XINDE MARINE NEWS editor：Anita
XINDE MARINE NEWS editor：Anita
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